Mediterranean Tourism Investment Co (AMM:MDTR) Days Payable : 47.51 (As of Mar. 2024)

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What is Mediterranean Tourism Investment Co Days Payable?

Mediterranean Tourism Investment Co's average Accounts Payable for the three months ended in Mar. 2024 was JOD0.84 Mil. Mediterranean Tourism Investment Co's Cost of Goods Sold for the three months ended in Mar. 2024 was JOD1.62 Mil. Hence, Mediterranean Tourism Investment Co's Days Payable for the three months ended in Mar. 2024 was 47.51.

The historical rank and industry rank for Mediterranean Tourism Investment Co's Days Payable or its related term are showing as below:

AMM:MDTR' s Days Payable Range Over the Past 10 Years
Min: 18.78 Med: 32.33 Max: 233.49
Current: 141.1

During the past 11 years, Mediterranean Tourism Investment Co's highest Days Payable was 233.49. The lowest was 18.78. And the median was 32.33.

AMM:MDTR's Days Payable is not ranked
in the Travel & Leisure industry.
Industry Median: 58.43 vs AMM:MDTR: 141.10

Mediterranean Tourism Investment Co's Days Payable declined from Mar. 2023 (50.39) to Mar. 2024 (47.51). It may suggest that Mediterranean Tourism Investment Co accelerated paying its suppliers.

Mediterranean Tourism Investment Co Days Payable Historical Data

The historical data trend for Mediterranean Tourism Investment Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mediterranean Tourism Investment Co Days Payable Chart

Mediterranean Tourism Investment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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34.14

233.49

138.33

35.60

34.91

Mediterranean Tourism Investment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Payable	Get a 7-Day Free Trial															50.39	103.86	-	-	47.51

Competitive Comparison of Mediterranean Tourism Investment Co's Days Payable

For the Lodging subindustry, Mediterranean Tourism Investment Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mediterranean Tourism Investment Co's Days Payable Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mediterranean Tourism Investment Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Mediterranean Tourism Investment Co's Days Payable falls into.

Mediterranean Tourism Investment Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Mediterranean Tourism Investment Co's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.862	+	0.807)	/	2 )	/	8.725	*	365
=	0.8345					/	8.725	*	365
=	34.91

Mediterranean Tourism Investment Co's Days Payable for the quarter that ended in Mar. 2024 is calculated as:

	Days Payable (Q: Mar. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Dec. 2023 )	+	Accounts Payable (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0.807	+	0.882)	/	2 )	/	1.622	*	365 / 4
=	0.8445					/	1.622	*	365 / 4
=	47.51

Mediterranean Tourism Investment Co Days Payable Related Terms

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Mediterranean Tourism Investment Co (AMM:MDTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Mediterranean Tourism Investment Co (AMM:MDTR) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Four Seasons Hotel, P.O. Box 941654, Amman, JOR, 11194

Website

Mediterranean Tourism Investment Co is engaged in the management of hotels, resorts and hotel facilities as well as the building of hotels, restaurants and swimming pools, including the establishment and operation of Four Seasons Hotel in Amman.

Mediterranean Tourism Investment Co (AMM:MDTR) Headlines

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